VMFX Trading System

The VMFX Trading System is a custom trading system developed on the MetaTrader 4 (MT4) platform. It applies multiple forex indicators to determine the trend’s direction.

What is VMFX Trading System?

The system uses a combination of trend-following and momentum indicators to identify potential trades. Let’s take a look at VMFX indicators.

  • VMFX DASH – The indicator plots the dashboard with the current bid/ask spread and an option to switch to 20 forex pairs.
  • VMFX ENTRY 1 – It plots the first entry signals.
  • VMFX ENTRY 2 – It shows the second entry signals.
  • VMFX ENTRY 3 – It mentions the third entry signal.
  • VMFX PAIRS – It presents an option to switch to 20 forex pairs.

The VFMX Trading System draws the blue and red arrows, and they connect to form a leg. This suggests tops and bottoms. The system also plots Heikin Ashi Candles and presents a breakout to indicate an uptrend/downtrend.

VMFX Trading System
VMFX Trading System

What is the VMFX Trading System Strategy?

You must identify the Heikin Ashi breakouts to trade with the system. There is an uptrend when the system highlights the blue box, and you can take a long position. Conversely, when the system highlights the orange box, it represents a downtrend.

A key note to add here is the system utilizes a non-repainting buy and sell signals. Furthermore, it includes on-screen dashboards that provide helpful information.

The good thing is you can apply the system on all timeframes. The system has multiple templates to adjust according to your trading style.

Buy Signal

  • The system must plot a blue box.
  • Wait for the trend to continue and then enter the trade.
  • Place a stop-loss at the recent swing low.
  • Set take-profit at the previous high or exit the trade when the orange box appears.
VMFX Trading System buy signal
VMFX Trading System buy signal

Sell Signals

  • The system must plot a blue box.
  • Wait for the trend to continue and then enter the trade.
  • Place a stop-loss at the recent swing low.
  • Set take-profit at the previous high or exit the trade when the orange box appears.
VMFX Trading System sell signal
VMFX Trading System sell signal

VMFX Trading System Pros and Cons

Here are the pros and cons of the system:

Pros

  • The VMFX Trading System is user-friendly and easy to use, which makes it accessible to traders of all levels.
  • The system’s buy and sell signals do not repaint, which means they are not prone to be repainted or altered after appearing on the chart.
  • The system has four templates specifically designed for different trading styles and market conditions, allowing traders to choose the one that best suits their preferences.
  • On-Screen Dashboard: VMFX Trading System’s on-screen dashboard provides traders with valuable information and statistics to inform their trading decisions.

Cons

  • While the system’s advanced technology helps reduce false signals, no trading system is 100% accurate, and false signals can still occur.

Conclusion

The VMFX Trading System is a user-friendly trading system that uses advanced technology to generate non-repainting buy and sell signals. The system offers multiple templates and an on-screen dashboard to aid traders in making informed trading decisions.

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